Marlene Engelhorn is not your average millionaire. At age 29, she has more money than she knows what to do with, so she has decided to give away 90 to 95 percent of her inheritance of tens of millions of dollars.
Marlene Engelhorn is the granddaughter of 94-year-old Traudl Engelhorn-Vechiatto, a member of the famed German industrial family whose patriarch, Friedrich Engelhorn, founded the chemical giant BASF in 1865. Traudl’s brother-in-law, Curt, ran the family business until 1997, when it was sold to Roche for about $11 billion. At the time of the sale, Marlene’s grandmother received approximately $2.45 billion, a veritable fortune that ballooned to $4.2 billion, at the time of her death, earlier this year. Marlene Engelhorn now stands to inherit tens of millions of dollars, but she doesn’t want it.
